A look at the weighted underlying holdings of the iShares U.S. Basic Materials ETF (Symbol: IYM) shows an impressive 22.1% of holdings on a weighted basis have experienced insider buying within the past six months.
Air Products & Chemicals Inc (Symbol: APD), which makes up 7.58% of the iShares U.S. Basic Materials ETF (Symbol: IYM), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $59,926,905 worth of APD, making it the #3 largest holding. The table below details the recent insider buying activity observed at APD:
APD — last trade: $236.30 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 11/05/2021 | Wayne Thomas Smith | Director | 1,637 | $305.61 | $500,282 |
| 11/09/2021 | Edward L. Monser | Director | 80 | $314.49 | $25,159 |
| 11/22/2021 | Wayne Thomas Smith | Director | 1,679 | $297.76 | $499,939 |
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